Book Talk – Entropy Economics: The Living Basis of Value and Production

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James K. Galbraith

Lloyd M. Bentsen Jr. Chair in Government/Business Relations, LBJ School of Public Affairs, and Professor of Government, The University of Texas at Austin 

 

Speaker Biography:

James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs and a professorship in Government at The University of Texas at Austin. He was Executive Director of the Joint Economic Committee of the United States Congress in the early 1980s, and before that, an economist for the House Banking Committee. He chaired the board of Economists for Peace and Security from 1996 to 2016, and was a managing editor of Structural Change and Economic Dynamics from 2010 to 2024. He has advised the State Planning Commission in China (1993-97), The Finance Ministry in Greece (2015), and is presently serving pro bono as Chair of the bilateral Economic Advisory Group to the Republic of Palau.   

 

Jing Chen

Assistant Professor, Finance, University of Northern British Columbia

 

Speaker Biography:

Jing Chen teaches finance at University of Northern British Columbia. He works on the foundational issues in economics, biology and physics. 

 

Abstract:

Galbraith and Chen will discuss their new book, Entropy Economics: The Living Basis of Value and Production, published in 2025 by the University of Chicago Press.  

A review by Vivek Arora of the International Monetary Fund may be found at https://www.imf.org/en/Publications/fandd/issues/2025/06/book-review-economics-and-natures-laws-vivek-arora 

A review by Steve Keen may be found at https://profstevekeen.substack.com/p/comments-on-entropy-economics-by 

A review by Filip Lubinski of the European University Institute may be found here:  https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5254004 

Further comments may be found at the University of Chicago Press:  https://press.uchicago.edu/ucp/books/book/chicago/E/bo239242610.html 

Date and Time
Oct. 21, 2025, 12:30 to 1:30 p.m. Google Outlook iCal
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